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Traditional Chinese Medicine Hospitals in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Traditional Chinese Medicine Hospitals Market Research Report | Mar 2014

The Traditional Chinese Medicine Hospitals market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$37bn
Annual Growth 09-14
16.2%
Annual Growth 14-19
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Profit
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Employment
726,547
Businesses
2,971
Industry Analysis & Industry Trends

Driven by government support and increasing demand from patients, the development of traditional Chinese medicine (TCM) hospitals has accelerated in recent years. In 2014, revenue for this industry is expected to increase to $36.9 billion, up 13.8% from 2013 and representing annualized growth of 16.2% from 2009.

For the Traditional Chinese Medicine Hospital industry, a growing number of patients has ensured revenue and profitability increases. Profitability is expected to rise from 0.9% in 2007 to an estimated 4.0% in 2014. The scale of traditional Chinese medicine hospitals has also been expanding. There are about 2,971 traditional Chinese medicine hospitals in China, with 208 beds each on average.... purchase to read more

Industry Report - Industry Locations Chapter

The geographic spread of traditional Chinese medicine hospitals and the relevant beds are consistent with the regional population number in general.

Guangdong province has China's largest population number, accounting for about 7.8% of total. It is also one of China's most developed regions. In 2014, about 5.3% of total traditional Chinese medicine hospitals are expected to locate in Guangdong province, with 6.8% of beds proportions. With large populations, Henan and Shandong provinces also have relatively more traditional Chinese medicine hospitals and beds number than other provinces and regions... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Traditional Chinese Medicine Hospitals Industry?

The Traditional Chinese Medicine Hospital industry in China comprises licensed traditional Chinese medicine general hospitals and traditional Chinese medicine specialized hospitals. Integrated traditional Chinese and Western medicine hospitals and ethnic minority hospitals are not included in this industry.

Industry Products
Outpatient servicesInpatient servicesMedicine sales
 
Industry Activities
Diagnostics and examination servicesMedicine boiling servicesAcupuncture and moxibustion servicesManipulation services Scrape therapy servicesOther hospital services


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